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eCommerce - Thursday, July 2, 2009

Shopping Site Gilt Group Raises $40M at $400M Val

Thumb NYC's private shopping firm Gilt Groupe has raised $40M from General Atlantic and Matrix Partners at a $400M valuation. Gilt Groupe provides access, by invitation only, to men’s, women’s and children’s fashion and luxury brands at discount prices. Each sale lasts 36 hours and features products from a single designer. Guilt is also set to launch a travel offering. Founded just two years ago, Gilt Group told Henry Blodget that it saw $25M in revenue last year and expects to do about $150M i... Full Story

Search - Thursday, July 2, 2009

AH Belo Joins $2M Investment In Real Estate Search Tool Sawbuck

Thumb AH Belo (NYSE: BLC) has led a $2M investment in online real estate brokerage Sawbuck Realty. Sawbuck is an online real estate broker that connects consumers with local real estate agents. Sawbuck takes a cut of any commissions. The company’s servi... Full Story

Social Networking - Thursday, July 2, 2009

Trench Angel Funded For Fantasty Football

Thumb Seattle's Trench Fantasy has raised an angel round of funding for its fantasy football online business. Backing comes, from of all places, a Sacramento electrical contractor called Elite Power. The $250K funding came about as the owner of Elite Powe... Full Story

More Recent Articles

StrongMail Buys Social Media Marketing's PopularMedia

Wednesday July 1, 2009

Redwood City-based StrongMail has acquired San Francisco-based PopularMedia. Financial terms of the deal were not disclosed. PopularMedia was venture backed with $18M by Sequoia Capital, Steamboat Ventures, and DAG Ventures. PopularMedia sells a pro... Full Story

Private Label YellowPages' Mojopages Raises $5M In 1st Round

Tuesday June 30, 2009

Mojopages has done well to raise $5M in a first round from Austin Ventures. The startup aims to partner with newspapers and other media sites to provide them with private label version of Yelp or CitySearch - user generated reviews of restaraunts, a... Full Story

Simage's TV Network For Bars Raises $1.4M 1st Round

Tuesday June 30, 2009

Chicago's Simage has raised $1.4M in a first-round from Horizon Investment Partners and angels. This is a location based entertainment company that sells ads to local businesses. Location based entertainment has been a hot market in locations like m... Full Story

Peripherals To WiFi Maker Ozmo Devices Raises $750K More

Monday June 29, 2009

Palo Alto-based Ozmo Devices raised $12.5M in 2005 from Granite Ventures, Intel Capital and Tallwood Venture Capital. However, the startup is back at the well taking on another $750K in venture debt. Ozmo Devices launched a year ago. Its products ex... Full Story

Dow Drags But Tech Ticks Higher: The Week In View

Friday June 26, 2009

Two weeks in a row the Dow has lost ground. Welcome to summer. With a short week next week and Alcoa (AA:NYSE) kicking off earnings season the week after, we’re not expecting a lot of positive movement next week. The “big” unemployment number ... Full Story

Glubble Raises Further $1M For Family Social Net

Friday June 26, 2009

Founded in Amsterdam, but now in San Francisco, Glubble has raised $1M in Series B funding from un-named European investors, bringing the site’s total funding to $4M. The site underscores the idea of safety for family photos and note and schedule ... Full Story

Hands Down, We Still Don’t Like Palm

Thursday June 25, 2009

The Dow was back today finishing up 172 points as today’s demand for U.S. Treasury auctions were strong while initial jobless claims were up 15,000 last week to 627,000 versus 600,000 expected last week. Without strong Treasury auctions, are econo... Full Story